Ethereum

In the past week, there has been a significant influx of <a href="https://optimisus.com/market/market-news/the-ethereum-foundation-transfers-35000-eth-to-kraken-raising-concerns/" rel="noopener noreferrer nofollow">Ethereum holders selling their holdings</a>, resulting in a total of 312,183 ETH being put into exchanges. This amount is valued at $751 million.The increase in deposits made for exchanging currencies reflects a rise in investor concern, leading market observers to closely monitor any possible changes in attitude.Moreover, the market performance of <a href="https://optimisus.com/market/market-news/vitalik-buterin-dismisses-fears-about-ethereum-layer-2-fund-security/" rel="noopener noreferrer nofollow">Ethereum</a> has been closely examined, revealing a 4.5% decline in trade value over the past week.Notable support levels for Ethereum are at $1,580, which has traditionally acted as a point of price rebound, and $1,500, where a decline below this level could indicate additional bearish movement. There are two resistance levels to consider for Ethereum.The first is at $1,800, which has historically seen more sellers than buyers. The second is at $1,900, which Ethereum needs to surpass in order to indicate more buying activity.

Ethereum whales moves $751M worth of ETH to exchanges

Optimisus

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